Overview of Gorakhnath, Gorakhpur

Location and Importance

Gorakhnath, nestled in Gorakhpur, shines due to the Gorakhnath Temple. This zone isn't just a spiritual place but is also seeing growth in the residential and real estate sectors.

Property Prices and Trends

Average and Starting Prices

• Properties in Gorakhnath typically cost around Rs. 10,320 per square foot.
• The price can drop to Rs. 499 per square foot, though this is unusual. Most are pricier.

Price Range

• Properties usually cost between Rs. 6,317 and Rs. 8,625 per square foot.

Year-over-Year Growth

Property values have climbed by 18.84% over the past year, signaling growth.

Kinds of Available Properties

Residential Options

• Apartments: Options vary, including 3 BHK flats. Some flat prices reach up to INR 50 Lac for ready-to-move in.
• Independent Houses: Luxurious homes with 8 BHK, 4 bathrooms, and gardens available at around Rs. 3.05 crores.
• Builder Floors: Various options available for both buying and renting, such as 2 BHK, a bathroom, and 1000 sq ft super area.

Rental Options

Availability and Costs

7 rental properties in Gorakhnath, with prices starting at Rs. 8,000 per month for a 2 BHK builder floor, 1000 sq ft super area.

Market Analysis

Trends

Both buying and selling in Gorakhnath can be profitable because of rising property rates and increased demand.

Listings

Currently, there are 6 properties on sale and 7 available for rent, showing moderate activity in the local real estate market.

Amenities and Infrastructure

Access and Facilities

Central to Gorakhpur, Gorakhnath offers good access to amenities like roads, public transit, and community facilities.

PropertyWala's Conclusion

Gorakhnath, Gorakhpur, looks promising in the real estate market with increasing property values and mixed residential picks. The locality's significance and rising demand make it appealing for buyers and investors. But it’s wise to look closely at trends and prices for a smart choice. With significant year-over-year growth and diverse property types on offer, Gorakhnath is definitely a place to think about for those planning to buy or live in Gorakhpur.